Retailers celebrate positive sales ahead of festive season November 26, 2009 THE high street is looking forward to a buoyant Christmas, after reporting the fastest sales growth in two years yesterday. Confidence among retailers has turned positive for the first time since August 2007. The CBI’s latest Distributive Trades Survey showed 40 per cent of retailers reported higher sales volumes in November compared with a year [...]
Disappointing results from Alcoa rock mining stocks January 12, 2010 BRITAIN’S top share index closed 0.7 per cent lower yesterday as commodities and banks led the retreat over concerns that China’s move to tighten banks’ reserve requirements may slow global economic recovery. The FTSE 100 index closed down 39.36 points at 5,498.71, dropping back after hitting a 16-month intraday peak at 5,600.48 on Monday. China’s [...]
OUT OF OFFICE December 7, 2009 WAITING FOR GODOT RETURNSActing heavyweights Ian McKellen and Patrick Stewart made the revival of Samuel Beckett’s masterpiece one of the year’s stand-out theatrical events. The show is going to be back at the Theatre Royal Haymarket for 11 weeks early next year. Stewart won’t be returning, but John Rees will be stepping ably into his [...]
Barbie back in fashion at 50 January 12, 2010 FASHIONISTA Barbie has wowed a new generation of doll lovers, helping Mattel find a return to strong sales for the 50-year-old iconic toy. Mattel, the world’s leading toymaker, said yesterday it sold “more than hundreds of thousands” of the doll over the Christmas season after her fashion makeover. The sales surge follows a reported decline [...]
Murray and Robson edge Great Britain closer to Hopman final January 6, 2010 BRITAIN’S Andy Murray insists he will have enough practice before the Australian Open despite speeding to another victory in the Hopman Cup yesterday. Murray and 15-year-old Laura Robson took a step closer to the final as Great Britain beat Germany 2-1 in the group stage in Perth. The Scot needed just 57 minutes to win [...]
Flat track bully Madison can give Pipe his first Racing Post Chase February 25, 2010 IN THE past 11 years only two horses have won Kempton’s Racing Post Chase (3.05pm, tomorrow) carrying less than 11stone and four have shouldered at least 11st10lbs. In short, this race goes to the best horses and there are only two who will carry more than 11stone tomorrow: Nacarat and MADISON DU BERLAIS. Tom George’s [...]
Seasonal trends can hurt FTSE100 January 3, 2010 IT’S worth remembering that seasonal trends can cause some unexpected moves in the financial markets. So far this decade January has been a bad month for the equity markets. The FTSE 100 has declined seven times out of the last 10 Januarys and lost on average more than 5 per cent during this seasonal trend. [...]
Shoppers steer clear of the stores as the wintery weather continues January 11, 2010 HEAVY snow and ice is keeping shoppers from the stores, with retail traffic dropping around 21 per cent year-on-year since the latest snowfalls began on 6 January. Overall shopper numbers in non-food stores in the UK on Sunday, 10 January were down 14 per cent from the equivalent Sunday last year, said research company Synovate. [...]
Airports operator BAA warns of tough 2010 as weather keeps 150,000 away January 11, 2010 BAA, the Heathrow and Stansted airport operator, yesterday warned it faced a tough 2010 as it revealed that bad weather had stopped 150,000 passengers from travelling through its UK hubs last month. Passenger traffic at BAA’s UK airports fell 4.2 per cent in 2009, with the number of passengers travelling in December dropping by nearly [...]
Call for probe into collapse of Flyglobespan December 20, 2009 SCOTTISH finance secretary John Swinney has called for an investigation into the failure of collapsed airline Flyglobespan. The Edinburgh-based business went into administration on Wednesday leaving thousands of passengers stranded and 550 staff facing redundancy a week before Christmas. Swinney said that a probe into the failure should look at the role of credit card [...]